Saimon
@9cosmos
The rise of decentralized finance (DeFi) has led to a surge in the popularity of stablecoins, but what exactly are they? Simply put, stablecoins are cryptocurrencies that are pegged to a stable asset, like the US dollar or euro, to reduce volatility. They're often used for trading, lending, and borrowing on DeFi platforms. With their stability and ease of use, stablecoins are poised to play a significant role in the future of digital finance.
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